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EDIT TORINO LTD
REGISTERED NUMBER:11185264
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STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2020
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Creditors: amounts falling due within one year
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EDIT TORINO LTD
REGISTERED NUMBER:11185264
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STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2020
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 3 to 4 form part of these financial statements.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2020
EDIT Torino Ltd is a limited liability company incorporated in England and Wales with its registered office at 63 Catherine Place, London, SW1E 6DY.
The principal activity of the company was that of running a food platform, hosting a restaurant, cocktail bar, bakery, pub and microbrewery.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
The directors have provided an interest free loan to the company for an indefinite period and will provide additional loans if required to enable it to continue trading for the foreseeable future. As a result the financial statements have been prepared on the going concern basis.
Short term creditors are measured at the transaction price.
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The average monthly number of employees, including directors, during the year was 2 (2019 - 2).
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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